NOT LISTED FOR SALE
3 Beds
2 Baths
5,760 Sq Ft
7,667 Sq Ft Lot

Sale Details

Date Sold: October 8, 2019

Last sale price $2,200,000 $382 Per Sq Ft

81 Days on Market

About This Home

As of October 2019

With a Walk score of 94 this is an opportunity to re position this prime location, 8 unit apartment building. Competitive properties with unit amenities like in-unit washer dryers, energy efficient windows, wall-to-wall wood floors, stainless steel appliances, re[glazed counter tops, and brushed nickel fixtures indicate a significant premium of over $500 per unit per month in comparison to the subject property. Investors have the opportunity of enhancing the properties in their portfolio and earn a value-add return.

Last Agent to Sell the Property

Mike Marcu

Mike Marcu, Broker License #00919594 Listed on: 05/27/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,667 Sq Ft Lot
  • 1 Common Wall
  • Density is 36-40 Units/Acre

Home Design

  • 5,760 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Additional Features

  • Laundry in unit
  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 5674
  • Tax Tract Number 9
  • Assessor Parcel Number 5674009018

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

7,667 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5674009018
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 381.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre
  • Lot Size Sq Ft: 7666.56
  • Lot Size Acres: 0.1760
  • Latitude Manual: 34.14534100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Laundry Equipment Own Lease: Own
  • Laundry Income: 2304.00
  • Lot Size Area: 0.1760 Acres
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Rent Control: Yes

Tax Info

  • Tax Lot: 5674
  • Tax Tract Number: 009
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/08/2019 10/08/19 Sold $2,200,000 -12.0% $382 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
06/26/2019 06/26/19 Price Changed $2,500,000 -9.1% $434 / Sq Ft
05/27/2019 05/27/19 For Sale $2,750,000 -- $477 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19124931

California Regional Multiple Listing Service (CRMLS)
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